HDG Makes Notable Cross Below Critical Moving Average
In trading on Tuesday, shares of the Proshares Hedge Replication ETF (HDG) crossed below their 200 day moving average of $40.32, changing hands as low as $40.24 per share. Proshares Hedge Replication shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of HDG shares, versus its 200 day moving average:
Looking at the chart above, HDG's low point in its 52 week range is $38.85 per share, with $41.27 as the 52 week high point — that compares with a last trade of $40.24.
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